PASADENA, Calif 7/16/2008 1:40:00 AM
News / Finance

VIASPACE Expands Its Energy Product Line With Exclusive Deal for Fuel Cell Test Stations

VIASPACE Inc. transforming proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions

Stocks to Watch: VIASPACE Inc. (OTCBB: VSPC), Universal Energy Corp. (OTC BB: UVSE), NVIDIA (NASDAQ: NVDA), Golden Star Resources Ltd. (AMEX: GSS), Omnicom Group Inc. (NYSE: OMC)

 

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Featured Stock: VIASPACE Inc.

(OTCBB: VSPC)

Current Price (0.032)

http://www.WallStreetStockReview.com

 

VIASPACE Expands Its Energy Product Line With Exclusive Deal for Fuel Cell Test Stations
 

PASADENA, Calif., July 7  -- VIASPACE Inc. (OTC Bulletin Board: VSPC - News), a company that transforms proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions, announced today that it has entered into a distribution agreement for Fuel Cell Test Stations and carbon based Bi-Polar plates manufactured by GasHub of Singapore.

 

GasHub is a major manufacturer of high technology products including fuel cell test stations to companies and universities in Singapore. It has also developed promising new carbon-based bi-polar plates. The current standard for bi-polar plates, used to manufacture most fuel cells, is a machined graphite based product. GasHub's new carbon based Bi-polar plates have produced promising results with a much lower cost of manufacture.

 

Fuel Cell test stations that can test hydrogen, liquid and solid based fuel cells are an expanding portion of the $54 Billion clean energy market. GasHub's tests stations are lower cost options for many countries, such as China, which have large, emerging needs for alternate energy. Hundreds of universities throughout the world are also engaged in fuel cell research, but must deal with the reality of limited budgets when it comes to equipment purchases.

 

The performance of hydrogen fuel cells using a Polymer Electrolyte Membrane (PEM) depends on the moisture level of the membrane. The membrane only conducts protons when it is hydrated or moist. The moisture is provided by water vapor in the incoming air or hydrogen stream. VIASPACE already produces the VIASPACE HS-1000 VIASENSOR which provides real-time measurements of the amount of water vapor in these gas streams and can be utilized within a fuel cell test station for that purpose.

 

VIASPACE CEO Carl Kukkonen stated, "We are very pleased with this new agreement, granting VIASPACE exclusive rights to distribute these products in the U.S. and Asia. The efforts we have put into establishment of a global distribution network now will give us the opportunity to make major expansions to our fuel cell instrument product line without further investment in research and development. They also provide an opportunity to sell a VIASENSOR to every customer we call on to discuss fuel cell test stations as well."

 

Kukkonen continued, "We are also very excited concerning the carbon based bi-polar plates developed by GasHub. This new technology shows great promise to date and offers a lower cost alternative for this mass produced product used in most fuel cells."

 

About VIASPACE: Founded in 1998 with the objective of transforming proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions that solve today's complex problems, VIASPACE benefits from important patent and software licenses from Caltech, which manages NASA's Jet Propulsion Laboratory. For more information, please see http://www.VIASPACE.com, or contact Dr. Jan Vandersande, Director of Communications at 800-517-8050, or IR@VIASPACE.com.

 

This news release includes forward-looking statements. These forward-looking statements relate to future events or our future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Such factors include the risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-KSB, for the fiscal year ended December 31, 2007, as well as general economic and business conditions, the ability to acquire and develop specific projects and technologies, the ability to fund operations, changes in consumer and business consumption habits, and other factors over which VIASPACE has little or no control.





Source: VIASPACE Inc.

 

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Universal Energy Corp.

(OTC BB: UVSE)

Current Price (0.03)

http://www.WallStreetStockReview.com

HOUSTON, July 14  -- Universal Energy Corp. (OTC Bulletin Board: UVSE - News), an emerging U.S. oil and gas exploration and production company, announced today that component installation on the production barge was completed as scheduled and that production at Caviar #1 and Caviar #4 began last week. Since coming online, both Caviar #1 and Caviar #4 have produced well and now will start ramping up their production.

 

NVIDIA

(NASDAQ: NVDA)

Current Price (11.35)

http://www.WallStreetStockReview.com

SANTA CLARA, Calif., July 14  -- PC enthusiasts, manufacturers, and developers around the world have a lot to be excited about today with NVIDIA Corporation's announcement that it will be bringing the power and performance of its SLI® multi-GPU technology to Intel's upcoming line of Bloomfield CPUs. With this winning combination, consumers will have an SLI platform designed for current and future graphics-intensive games and applications; these platforms can be powered by one, two, or even three NVIDIA GeForce® GPUs, including the new, award-winning GeForce GTX 280 and GTX 260 GPUs.

 

Golden Star Resources Ltd.

(AMEX: GSS)

Current Price (2.51)

http://www.WallStreetStockReview.com

DENVER--(BUSINESS WIRE)--Golden Star Resources Ltd. (TSX: GSC - News)(AMEX: GSS- News)(GSE: GSR) will release its second quarter 2008 results after the market close on Tuesday, August 5, 2008 and has scheduled a conference call and webcast on Wednesday, August 6 at 11:00 a.m. Eastern Time (9:00 a.m. Mountain Time). The conference call will allow analysts the opportunity to speak with the Company’s management.

 

Omnicom Group Inc.

(NYSE: OMC)

Current Price (40.02)

http://www.WallStreetStockReview.com 

NEW YORK, July 14  -- BBDO Worldwide announced today that it has acquired Barefoot, Cincinnati's premier creative advertising agency. The 15-year old agency will become part of BBDO North America and a member of the Proximity Worldwide Network, BBDO's award-winning global direct and digital marketing network.

 

Iron Consulting Inc. delivers a broad spectrum of services designed to meet your goals and fit your budget. They include: Search Engine Optimization, Email Campaigns, Financial News Distribution and Media Exposure, CEO Interviews, Analyst Reports, Investment Opinion Services, Web Design and Development, Audio & Video Profiles and Shareholder Communications.

 

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